Ultra-low emission vehicle market boost
The British Vehicle Rental and Leasing Association (BVRLA) has welcomed the government’s new £35m package to support the ultra-low emission vehicle market (ULEV). This includes £10m of funding for workplace and residential on-street charge-points.
BVRLA chief, Gerry Keaney, commented: “We are delighted that the government has listened to our call for support with workplace charging. Fleet buyers and company car drivers are leading the uptake of plug-in electric vehicles, with businesses responsible for 72% of electric vehicle registrations in the first half of this year, according to the SMMT.
“The ability to charge at work is a massive incentive for many people that are looking to ‘go ultra-low’.”
The leasing sector is in the vanguard of ULEV adoption. Some 4.2% of BVRLA members’ vehicles are electric and 3.7% of their new registrations in Q2 2016 were pure electric or plug-in electric cars. This is well ahead of the market penetration achieved across all new registrations.
Keaney added: “Businesses will only be able to continue this growth with fiscal support from the Government. Workplace charging is a very positive step, but there is a lot more that policymakers can do.
“We need them to narrow the CO2 gaps between tax bands at the lower end of the company car tax scale and make a bigger commitment to in-life incentives for users of plug-in electric vehicles. Employers also need more clarity on how they should treat business travel reimbursements for electric mileage.”